550 E Jones ST, Raleigh, NC 27601
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550 E Jones ST, Raleigh, NC 27601
550 E Jones ST, Raleigh, NC 27601
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Miguel Fragoso

Miguel Fragoso

+1(919) 939-0838
Listed by Steeloak Residential LLC
$ 1,800,000
Est. payment /mo
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550 E Jones ST Raleigh, NC 27601

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Historic Oakwood

MLS Listing ID 10172633

HOA Y/N No

Annual Tax Amount $3,951

Acres 0.14

Lot Dimensions 30x208x30x208

Property Sub-Type Unimproved Land

Source Doorify MLS

Property Description

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

Location

State NC

County Wake

Community Historic Oakwood

Area 0.14

Zoning R-10

Interior

Equipment None

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected

View Neighborhood

Garage No

Building

Lot Description Back Yard, City Lot, Hardwood Trees, Interior Lot, Rectangular Lot, Driveway, Sidewalks

Water Public

New Construction No

Schools

Elementary Schools Wake - Conn Elementary

Middle Schools Wake - Oberlin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 170328998668000 0054421

Acceptable Financing Conventional, Contract, 1031 Exchange

Listing Terms Conventional, Contract, 1031 Exchange

Doorify MLS

Nearby Locations

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550 E Jones ST